JDA® Software Group, Inc., The Supply Chain Company®, today announced that TUI Marine, a division of TUI Travel plc, one of the world’s largest leisure travel companies with 20 million customers, selected JDA® Demand and JDA® Travel Price Optimiser in the fourth quarter of 2010 to drive price recommendations, which help maximise revenue year-round across its entire fleet.
“The combined solutions will allow TUI Marine to leverage its own historical price elasticity data along with real-time competitor prices to more effectively balance supply and demand, thereby improving revenue and profits,” said Scott Luleff, head of revenue management, TUI Marine. “TUI Marine operates in a highly volatile demand environment. Luxury vacations are vulnerable in a challenging economy and can leave us highly exposed to negative economic effects. JDA solutions are critical in enabling us to identify a customer’s willingness-to-pay and set optimal rates at the right time to the right customer prior to departure in order to generate maximum revenues on fixed capacities.”
“Companies like TUI Marine realise that JDA’s industry-leading demand and price optimisation solutions provide the innovation necessary to help support their long-term growth initiatives while simultaneously navigating a very challenging day-to-day environment,” said Andy Archer, regional vice president of pricing and revenue management, JDA Software. “As the leader in pricing and revenue management, JDA is positioned to provide TUI Marine the most powerful demand forecasting and optimisation solutions available for their business, ultimately offering the insight and intelligence they require to compete effectively and profitably in a constantly evolving competitive environment.”
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About JDA Software Group, Inc.
JDA® Software Group, Inc. (jda.com), The Supply Chain Company®, is the leading provider of innovative supply chain management, merchandising and pricing excellence solutions worldwide. JDA empowers more than 6,000 companies of all sizes to make optimal decisions that improve profitability and achieve real results in the discrete and process manufacturing, wholesale distribution, transportation, retail and services industries. With an integrated solutions offering that spans the entire supply chain from materials to the consumer, JDA leverages the powerful heritage and knowledge capital of acquired market leaders including i2 Technologies®, Manugistics®, E3®, Intactix® and Arthur®. JDA’s multiple service options, delivered via the JDA® Private Cloud, provide customers with flexible configurations, rapid time-to-value, lower total cost of ownership and 24/7 functional and technical support and expertise. To learn more, visit the website or email info[.]jda.com.